City of Hannover
Hannover is the state capital of Lower Saxony and is the most important economic area in the region. The manufacture of vehicle machinery (31,000 people are employed in the industry), office equipment, consumer electronics, and foodstuffs has traditionally formed the basis of Hannover’s economy. However, the city has recently developed into a center for service industries, especially banking, insurance, and tourism, which now employ 70 percent of the working population. The close connection between science, trade, and industry is one of the trademarks of Hannover and it is a center for environmental technology with about 70 important firms located in the city.